This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom apartment of 96 m² on the 2nd floor, built in 1982, energy rating D. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Highlight: This apartment boasts expansive balconies that offer changing views of the nearby hills, along with a spacious storage room that adds significant utility to the living space.
The valuation. The asking price of €480,000 is positioned 8.1% below its fair value of €522,517, indicating that this apartment is fairly priced in the current market.
Fair value modelled at €522,517 from 6 comparable sales in the area. Asking €480,000 sits €42,517 (8.1%) below — the upside to fair value.
Asking €480,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €483,837 (€5,040/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €483,837, adjusted for condition and micro-location, gives a modelled fair value of €522,517 (€5,443/m²), a €42,517 (8.1%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 33bbf2 | Subject | €480,000 | €5,000 | — | 78 | 61 |
| São Domingos de Rana · 4bc784 | Active | €699,000 | €4,957 | 0.9% | 76 | 74 |
| rua Comandante Ruben Auber Tavares de Melo S / N | Active | €495,000 | €5,211 | 4.2% | 82 | 73 |
| rua Marques Leitão S / N | Active | €529,000 | €5,398 | 8.0% | 76 | 71 |
| praceta Doutor Francisco Sepúlveda da Fonseca | Active | €900,000 | €5,488 | 9.8% | 80 | 76 |
| Median comp | €614,000 | €5,305 | 6.1% | 78 | 74 |
Long-term rental While the 3-bed apartment in Carcavelos e Parede presents a fair investment opportunity with a gross yield of 3.6%, the property is positioned in a mixed residential area with moderate access to urban amenities. The fair valuation at €522,517 suggests that the rental income may not sufficiently cover long-term appreciation expectations in this suburban market. Buy-and-hold This property offers a fair valuation with a gap of 8.1% compared to the fair value, indicating stable pricing relative to its reasonable condition score of 80/100. However, given the moderate neighborhood quality rating of 61/100, long-term capital growth may be constrained, making the buy-and-hold strategy less compelling. Family rental The apartment’s competitive gross yield of 3.6% aligns with the needs of family rentals, but the suburban location's moderate amenities could limit tenant appeal on a long-term basis. Overall, while technically fair at its price point, prospective investors should consider the challenges of tenant satisfaction and retention in a neighborhood rated just 61/100. Not ideal for: Luxury market The property does not fit within the luxury market segment, given its suburban context and moderate neighborhood rating. As such, it may struggle to attract high-end tenants or buyers looking for upscale features. Not ideal for: Short-term vacation rental The parameters of the property, including its suburban location and moderate access to urban attractions, suggest that it would not perform well in the short-term vacation rental market. Investors in this niche typically seek properties in highly desirable tourist locales, which this apartment does not offer.
Economic Vulnerability With an economic stability score of 60/100 and a tenant stability score of 55/100, there is a heightened risk of decreasing demand, which could impact rental income and property value.
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